Nice count, but I'm afraid, it may not be the wave 4 in the making. Why? The recent sell-off has come too deep into the wave 1 territory and has thus violated an important EW rule, unless - looking at the daily time frame - we'll just look for a violation of the closing prices. At any rate, I agree it's a a corrective phase, but perhaps rather a correction within a correction?
according to my personal analysis that can not be right, the euro in the coming months to continue to decline and also so heavy ... I see the 5 wave is not higher than the third ... a sign of a reversal in the trend ... then as we all know the market is unpredictable ... this is my point of view